What is the consequence of a plaintiff's failure to complete an option in a multi-million dollar loan?
British Columbia, Canada
The following excerpt is from 4363 Investments Ltd. v. 527599 B.C. Ltd., 2013 BCSC 2279 (CanLII):
The defendant says the plaintiff failed to complete its option and effectively repudiated the agreement. It must give up the deposit: see Tang v. Zhang, 2013 BCCA 52.
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